4 ms·
One of the properties of money is that it's useful as a medium of exchange. If this property is sacrificed in the interest of making it difficult to 'launder',
by marshray 15y ago
One of the properties of money is that it's useful as a medium of exchange.
If this property is sacrificed in the interest of making it difficult to 'launder', then its utility is questionable.
- dazzawazza 15y agoTrue and I'm not trying to undermine the point that Paypal is a complete PITA but.. One of the properties of money is that it's value can be trusted. If money can be easily laundered then it can't be trusted and it's utility is questionable.
- DennisP 15y agoCounterfeiting changes the value of money. Laundering doesn't. It just hides the flow of money from authorities.